The Hollywood Reported has revealed that the production cost for each episode of “Superman & Lois” is in the vicinity of $5 million.
The high price of producing “Superman & Lois” could put it in the firing line of The CW’s new owners Nexstar, who are looking to lower costs to make the network profitable.
However, James Gunn and co-CEO of DC Studios Peter Safran explained at a recent press event that “Superman & Lois” is “a show everybody likes, so it’s going to keep going for a little bit” giving an indication that it could go on for “one or two more seasons”.
Whether that means the show continues on the Nexstar-owned CW network or continues on after the upcoming third season at some other network, possibly HBO Max, remains to be seen.
Season 3 of “Superman & Lois” will premiere on The CW on Tuesday, March 14, 2023.